Aselsan Elektronik Dividend yield

Aselsan Elektronik is part of Technology Hardware and Equip. business, which is part of Technology industry. Aselsan Elektronik is a company from Turkey, and his stocks are publicly traded.

Aselsan Elektronik stock dividend

Aselsan Elektronik paid a total dividend of 456 million TRY last year, for a market value of 175,651 millions (Market Cap 45,318 millions). Aselsan Elektronik dividend per share is 0.10 TRY, and his stock market price 38.52 TRY.

According to the chart below, where dividend yield is displayed, Aselsan Elektronik has a dividend yield of 0.26%, lower than the amount offered by both the market average and companies from Turkey. It is also lower than average of Technology industry. This low dividend yield might has several explanations: company overpriced, expanding their business,...

In addition, you should compare Aselsan Elektronik stocks dividend with other Technology Hardware and Equip. companies or other of the high Turkey dividend stocks list.

Aselsan Elektronik Dividend Payout

About the ability of Aselsan Elektronik to maintain his current dividend of TRY 0.10 per share, an amount that accounts for 0.26%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Aselsan Elektronik payout on ernings is currently 3.76%, which is lower than the market average and companies of Technology industry, which are 39.34% and 35.32% respectively. Both figures lead us to believe that there is confidence that Aselsan Elektronikcan maintain his current dividend.

The payout on earnings should be complemented with the payout on cash flow since it is this last amount the one which can be distributed to shareholders. Cash flow per share of Aselsan Elektronik is TRY 1.26 per share, which is higher than the dividend per share paid by the company of TRY 0.10, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Aselsan Elektronik, compared againt world market average, Turkey companies, Technology industry and Technology Hardware and Equip. sector companies.

Aselsan Elektronik Dividend History

Below you will find a table with the historical evolution of Aselsan Elektronik's dividend stock, both in percentage and in TRY, its Payout on Earnings and the number of shares (in case there is an split, number shares altered the dividend per share).

Year	Yield	TRY	Paypout	Shares*
Present	0.26%	0.10	3.76%	4,560
2022	0.32%	0.20	6.25%	2,280
2021	0.84%	0.18	8.96%	2,280
2020	0.81%	0.15	9.93%	2,280
2019	0.73%	0.15	7.18%	1,140
2018	0.31%	0.07	4.86%	1,000
2017	0.24%	0.08	9.52%	1,000
2016	0.38%	0.04	15.38%	1,000
2015	0.78%	0.13	27.66%	500

*In millions

Then you can see the evolution of Aselsan Elektronik dividend stock, and compare it with the average of Turkey stocks and that of the Technology Hardware and Equip. stocks.

Aselsan Elektronik Stock performance

Finally, last moth Aselsan Elektronik showed a return of 3.30% compared to a worldwide -2.49% average, and a -1.32% of Technology firms. Over the last year, the company obtained a 195.60% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for Turkey and Technology Hardware and Equip. firms.